Wednesday, August 11, 2021

Utah Ski Real Estate Market Torrid - But Wide Range in Values

The real estate market across Utah's ski country continued on a torrid pace through July, with median sale prices and median price per sq. ft. dramatically up over the past eighteen months...and at many resorts, continuing to rise. 

But there are significant price variations, depending on the resort and location.  On the high end is the Park City/Deer Valley market, where the median sales price in July was $1,425,000 and the median price per sq. ft. was $712.00.  At the opposite end of the price spectrum, Beaver Mountain's median sales price was $508,000 and price per sq. ft. was $200.00.

The real estate market in the Ogden Valley, home to Snowbasin, Powder Mountain, and Nordic Valley, has had the most dramatic gains over the past year-plus, but still remains a bargain compared to the Park City/Deer Valley area. Median sales price in July was $733,000, and the price per sq. ft. was $298.00.  That's half of the numbers in the Park City/Deer Valley area.

Click here for the latest Utah Ski Country Real Estate Comparative Statistics for the past six months, including Number of Units Sold, Median Sales Price, % of Original Listing Price, Median Price Per Square Foot, and Median Days on the Market. This data is organized by ski resort area.

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